Monday, January 08, 2018

Riverfront Recapture Launches Riverfront Innovation Fund

Today, Riverfront Recapture announced the launch of the Riverfront Innovation Fund, an initiative designed to provide seed money for new Riverfront Recapture projects and programs. Riverfront Innovation Fund (RIF) seeks creative proposals that will generate revenue to sustain Riverfront Recapture’s mission to “connect people with the Connecticut River.”

The organization, which manages Hartford and East Hartford’s riverfront parks and Riverwalk trail system, is well known for producing major community events such as Riverfront Fireworks and is home to one of New England’s largest and most successful community rowing programs. Riverfront Recapture has earmarked up to $200,000 in reserves to fund selected programs and projects between 2018 and 2020. RIF will support enterprises and infrastructure ideas that capitalize on the organization’s strengths, attract visitors to the parks, and foster creative community connections.

“An important part of our organization’s success has always been our willingness to invest in creative ideas,” said Riverfront Recapture President & CEO Michael Zaleski. “We’re excited about this opportunity to bring new concepts to the Connecticut River by tapping into the talented pool of innovators and entrepreneurs in the MetroHartford region. Our team is looking forward to receiving the first round of proposals and confident this process will lead to successful and mutually beneficial collaborations.”

The application for the first round of RIF funding is open through February 22, 2018. Proposals should not exceed $50,000. Smaller projects are encouraged as Riverfront Recapture may choose to approve one large or multiple small projects during this initial funding cycle. Further information including RIF guidelines and the RIF application can be found here